The Japanese economy and future growth prospects
This paper examines Japanese growth prospects through a 3P framework - population, participation and productivity - and illustrates the importance of productivity growth in offsetting the effects of declining population and aggregate labour force participation. Without further structural reforms, particularly in the labour market and non-tradeable sectors, labour productivity growth will remain subdued and Japanese potential GDP growth constrained.
Volume (Year): (2004)
Issue (Month): 1 (April)
|Contact details of provider:|| Postal: |
Phone: +61 2 6263 2111
Fax: +61 2 6273 2614
Web page: http://www.treasury.gov.au
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:tsy:journl:journl_tsy_er_2004_1_3. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (The Treasury (Commonwealth of Australia))
If references are entirely missing, you can add them using this form.